Located in Englewood, Colorado, this prime commercial property offers unbeatable visibility and access. Currently operating as a Circle K convenience store and gas station, the 1,320 sq. ft. retail building is complemented by a 792 sq. ft. standalone car wash. The property boasts eight covered fuel pumps and is positioned just off a major thoroughfare, ensuring steady drive-by traffic. With Circle K currently having an absolute triple-net lease in place, with current base annual income of $43,044 and 4.8% cap rate, this investment is a turnkey opportunity. The current lease runs until the end of November, with a potential 15 year renewal—, in successful 5 year terms—terms to be negotiated. Don’t miss your chance to secure a highly visible, income-producing asset in a dynamic location!
Property details
Property
Type
Retail
MLS type
Commercial Sale
Status
Active Under Contract
Year built
1986
Lot
0.55 AC / 23,958 SF
MLS #
8537673
Exterior & lot
Lot
Corner Lot, Landscaped
Utilities
Water
Public
Sewer
Public Sewer
Financial
Annual tax
$33,967
Parcel
032872560
Location
County
Arapahoe
Directions
If coming from I-25 and Santa Fe. Go South on Santa Fe to Evans Avenue. Go West on Evans Avenue. Property is on the southwest corner of S. Vallejo Street and W. Evans Avenue.
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